VOL. XLII

No. 17

26-April-1999

EGYPT

World Bank Approves $50Mn Loan To Egypt

The World Bank announced on 15 April that it had approved asoft loan of $50mn to Egypt for the improvement of secondary education. Thefunding will contribute to the early stages of the government痴 $250mnSecondary Education Enhancement Program, which aims at providing qualityeducation and enhancing private sector growth through improvements in the labormarket. The $50mn credit is on standard International Development...